Ugg pure meant to reach the broader market domestically but especially in china as current uggs appeal to only 2-3% of population(so obviosly great move).
Zohar Ziv also mentioned to look out for UGGS to enter the homewares market(rugs, possibly towels I'm inferring). How big is the homewares market? lol. Oh yea, pretty big.
Management is thinking outside the box and is looking to tremendously grow the top line/bottom line.
Mentioned that management will continue to look to be oppurtunistic regarding share buyback but will also keep in mind a possible larger aquisition 2-3 years out.
Stores are very profitable, $1500 square foot, pay for themselves within less than a year. Retail world, very profitable.